Economic Globalization: From Microeconomic Foundation to National Determinants

Marginean, Silvia

doi:10.1016/s2212-5671(15)01055-2

Cited by 20 publications

(13 citation statements)

References 2 publications

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“…From the economic viewpoint, globalization is dominantly related to the growing trade and foreign direct investments in each country, while the internationalization of technology and the growing flows of services are parts of the globalization changes. Globalization is a more robust integration of social interactions because of the diminishing transportation and communication costs (Marginean, 2015). The economic domain characterizes long-distance flows of goods, capital and services, while the social domain expresses the spread of information, images and people.…”

Section: Literature Review and Development Of Hypothesesmentioning

confidence: 99%

Effects of globalization on food production in five European countries

Khatami

Ricciardi

Cavallo

et al. 2021

BFJ

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PurposeThe purpose of this paper is to investigate the effects of globalization convergence (GC) and its components (social, economic, political, technological and ecological) on food production (FP).Design/methodology/approachThe methodological approach adopted is based on a quantitative approach, using a static panel data analysis with relevant data from five European countries within five time intervals (2013–2017).FindingsThe results indicated that three components of globalization (social, technological and ecological) could significantly contribute to the food industry, while two other components of globalization (economic and political) are negatively correlated with FP.Research limitations/implicationsThis study contributes to the theoretical recognition of the role of globalization in influencing FP in multidisciplinary interactions. Meanwhile, this study's main limitation lies in the statistical method of panel data analysis, since temporal and spatial changes have not been investigated.Originality/valueDespite the literature on globalization's effect on FP, each globalization component's effect has not been investigated appropriately within cross-countries studies. Hence, the present study addresses a gap in the extant literature by examining the globalization effects on the food industry to promote globalized food security, opportunities and solutions in the study areas.

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Section: Literature Review and Development Of Hypothesesmentioning

confidence: 99%

Effects of globalization on food production in five European countries

Khatami

Ricciardi

Cavallo

et al. 2021

BFJ

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“…Unlike the competitiveness of enterprises, the concept of macroeconomic competitiveness is theoretically controversial phenomenon. It is often identified with ability to produce goods and services and bring them into the foreign markets, and is expressed through the growth dynamics of real gross domestic product per capita, or the capacity for increasing wealth (Marginean, 2006).…”

Section: Regional Competitiveness -Conceptually Located Between Micromentioning

confidence: 99%

Endogenous growth theory and regional development policy

Cvetanović

Filipović

Nikolić

et al. 2015

Spatium

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The numerous versions of endogenous explanations of economic growth emphasize the importance of technological change driving forces, as well as the existence of appropriate institutional arrangements. Endogenous growth theory contributes to a better understanding of various experiences with long-term growth of countries and regions. It changes the key assumptions of the Neoclassical growth theory and participates in the modern regional development physiology explanation. Based on these conclusions, the paper: a) explicates the most important theoretical postulates of the theory, b) explains the most important factors of economic growth in the regions in light of the Endogenous growth theory messages and c) emphasizes the key determinants of regional competitiveness which in our view is conceptually between the phenomena of micro-and macro-competitiveness and represents their necessary and unique connection. First of all, micro-competitiveness is transformed into a regional competitiveness; then regional competitiveness is transformed into a macro-competitiveness. In turn, macro-influences the microeconomic competitiveness, and the circle is closed. After that, the process starts over again.

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“…This was to be expected due to the fact that in the last thirty years competitiveness was continuously at the top of the list of macroeconomic policy goals in the majority of world countries. However, there is still no generally accepted definition of country's competitiveness (Marginean, 2006). What is more, as some authors claim, the concept of macro-competitiveness does not exist, which implies that it is not logical to think about macroeconomic policy based on such concept (Krugman, 1994(Krugman, , 1996.…”

Section: Innovativeness Of Economy Is Quantified By Using a Number Ofmentioning

confidence: 99%